Monday, October 22, 2007

Subprime Legislation Introduced Before House Hearing on Wednesday.

Chair Barney Frank is one of the sponsors of a currently unnumbered piece of legislation that seems likely to be introduced in the House shortly, prior to a Wednesday morning hearing on Legislative Reforms of Mortgage Practices. Text of the draft bill can be found HERE.

A section by section analysis of the bill can be found HERE.

Written testimony for the Wednesday hearing should be posted by the day of the hearing HERE.


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